POET Technologies Inc (NASDAQ: POET) is 276.31% higher on its value in year-to-date trading and has touched a low of $0.72 and a high of $4.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The POET stock was last observed hovering at around $2.96 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $3.52, the stock is 79.23% and 69.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.81 million and changing 18.92% at the moment leaves the stock 106.58% off its SMA200. POET registered -21.43% loss for a year compared to 6-month gain of 295.46%.
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The stock witnessed a 98.87% loss in the last 1 month and extending the period to 3 months gives it a 170.77%, and is 98.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 25.49% over the week and 10.77% over the month.
Profit margin for the company is -7052.68%. Distance from 52-week low is 388.89% and -23.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-369.08%).
The EPS is expected to shrink by -14.37% this year.
POET Technologies Inc (POET) Top Institutional Holders
The shares outstanding are 61.09M, and float is at 60.36M with Short Float at 0.72%.
